Saturday, September 02, 2006

Updated Electric Bill Information for Pitt

This University Times article, dated May 2, 2002, gives a more recent account of Pitt's electricity bill. According to this article, about 59% of Pitt's annual $14 million utility bill goes toward electricty. That means an $8.26 million annual electricty bill, almost three times my earlier estimate of $3 million. Assuming Pitt's electricity bill has increased to $9 million in the 4 years since this article was published, switching to 100% renewable energy would cost Pitt an additional $2.25 million. Purchasing 10% renewable electricity, which is the goal of this Blog, would cost Pitt an additional $225 thousand.


From the Post Gazette:

The largest of the nonprofit educators [in Pittsburgh] is the University of Pittsburgh, which employs 12,000 and has an operating budget of $1.5 billion. Every year the university attracts 34,000 students from all 50 states and more than 100 counties, including China, Taiwan, India, South Korea and Japan. Considering what Pitt pays its faculty and staff, what it spends on construction, office supplies and food, the university's annual contribution to the local economy is estimated at $1.3 billion.

If Pitt's operating budget is $1.5 billion, an increase in its electricty bill of $2.25 million would be a .15% increase in Pitt's budget.

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